Business, 20.03.2020 02:38 spdesch2558
If you have the option to purchase a new car for $15,800 and can finance it at an interestrate of 3% for 36 months or get a cash discount of $1,000 (price $14,800) of which you currently have in a savings certificate earning 8%. What is the total cost (to the nearest dollar) to finance the purchase of the car?
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If you have the option to purchase a new car for $15,800 and can finance it at an interestrate of 3%...
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